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Hemostats and Tissue Sealants - Global Market Trajectory & Analytics

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    Report

  • 227 Pages
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5028053
Global Hemostats and Tissue Sealants Market to Reach $4.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Hemostats and Tissue Sealants estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$4.9 Billion by 2027, growing at a CAGR of 7% over the period 2020-2027. Topical hemostats, one of the segments analyzed in the report, is projected to record 7.3% CAGR and reach US$3.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Adhesive and Tissue Sealants segment is readjusted to a revised 6.4% CAGR for the next 7-year period.



The U.S. Market is Estimated at $898.7 Million, While China is Forecast to Grow at 6.5% CAGR

The Hemostats and Tissue Sealants market in the U.S. is estimated at US$898.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$852.5 Million by the year 2027 trailing a CAGR of 6.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.5% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.7% CAGR.

Select Competitors (Total 41 Featured):
  • Advanced Medical Solutions Group PLC
  • B. Braun Melsungen AG
  • BARD, A Becton, Dickinson Company
  • Baxter International, Inc.
  • Cardinal Health, Inc.
  • Cohera Medical, Inc.
  • CryoLife, Inc.
  • CSL Behring LLC
  • Ethicon US, LLC
  • HyperBranch Medical Technology, Inc.
  • Integra Lifesciences Corporation
  • Smith & Nephew PLC
  • Teijin Pharma Ltd.
  • Tissuemed Ltd.
  • Vascular Solutions, Inc.
  • Vivostat A/S
  • Z-Medica, LLC
Frequently Asked Questions about the Global Market for Hemostats and Tissue Sealants

What is the estimated value of the Global Market for Hemostats and Tissue Sealants?

The Global Market for Hemostats and Tissue Sealants was estimated to be valued at $3 Billion in 2020.

What is the growth rate of the Global Market for Hemostats and Tissue Sealants?

The growth rate of the Global Market for Hemostats and Tissue Sealants is 7.3%, with an estimated value of $4.9 Billion by 2027.

What is the forecasted size of the Global Market for Hemostats and Tissue Sealants?

The Global Market for Hemostats and Tissue Sealants is estimated to be worth $4.9 Billion by 2027.

Table of Contents

I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Impact of Covid-19 and a Looming Global Recession

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 41